CBOE Names John F. Deters Chief Strategy Officer and Head of Corporate Initiatives

    CBOE Names John F. Deters Chief Strategy Officer and Head of Corporate

PR Newswire

CHICAGO, Dec. 3, 2013

CHICAGO, Dec. 3, 2013 /PRNewswire/ -- The Chicago Board Options Exchange,
Incorporated^® (CBOE^®) announced today that it has appointed John F. Deters
as Chief Strategy Officer and Head of Corporate Initiatives. Deters, 42, is
based in Chicago and reports to Edward T. Tilly, Chief Executive Officer, CBOE
Holdings, Inc. (NASDAQ: CBOE). Deters succeeds Richard G. DuFour, CBOE
Executive Vice President, Corporate Planning and Development, who is retiring
at the end of the year.

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In his new role, Deters will conduct analyses of CBOE's corporate strategies;
coordinate development of corporate goals and initiatives; evaluate business
opportunities; negotiate product license agreements and maintain relationships
with index licensors and other corporate partners.

"We could not be more pleased to welcome John to CBOE's management team," said
Tilly. "His successful track record in strategic planning and execution
includes a number of high-profile transactions in the financial services
industry. We look forward to leveraging his experience and expertise in
analyzing and developing strategic growth initiatives to support CBOE's
continued growth."

Prior to joining CBOE, Deters served as Vice President, Financial Institutions
Group, Investment Banking, for Barclays since 2008, and in a similar capacity
for Lehman Brothers from 2006 to 2008. At both firms, he developed
multi-business-line strategic analyses for financial and banking clients,
structured and executed a wide variety of corporate financing transactions,
and led execution teams in domestic and international merger and acquisition
transactions in financial services, including the acquisition of Dow Jones
Indexes by CME Group and the formation of the S&P Dow Jones Indices joint
venture and related licensing agreements.

Deters served as an Associate in the M&A practice group for the law firm of
Skadden, Arps, Slate, Meager & Flom LLP, in New York, London and Frankfurt,
for several periods between 2001 to 2004. He also worked in the Banking
Regulation Division for the Institute of International Finance and for the
Office of International Affairs for the Securities and Exchange Commission

Deters holds an MBA from the University of Chicago, a JD/Master of Science in
Foreign Service from Georgetown University Law Center in Washington, D.C., and
a Bachelor's degree in history from Wheaton College, Wheaton, IL. He is a
member of the New York State Bar Association.

About CBOE:

CBOE, the largest U.S. options exchange and creator of listed options,
continues to set the bar for options and volatility trading through product
innovation, trading technology and investor education. CBOE offers equity,
index and ETP options, including proprietary products, such as S&P 500 options
(SPX), the most active U.S. index option, and options and futures on the CBOE
Volatility Index (the VIX Index). Other products engineered by CBOE include
equity options, security index options, LEAPS options, FLEX options, and
benchmark products such as the CBOE S&P 500 BuyWrite Index (BXM). CBOE is home
to the world-renowned Options Institute and www.cboe.com, the go-to place for
options and volatility trading resources.


CBOE^®, Chicago Board Options Exchange^®, FLEX^®, LEAPS^®, CBOE Volatility
Index^® and VIX^® are registered trademarks, and BuyWrite^SM, BXM^SM, Execute
Success^SM and The Options Institute are service marks of Chicago Board
Options Exchange, Incorporated (CBOE.). Standard & Poor's^® , S&P^® and S&P
500^® are registered trademarks of Standard & Poor's Financial Services, LLC
and have been licensed for use by CBOE, C2 and CFE. All other trademarks and
service marks are the property of their respective owners.

SOURCE Chicago Board Options Exchange

Website: http://www.cboe.com
Contact: Media, Gail Osten, (312) 786-7123, osten@cboe.com, or Gary Compton,
(312) 786-7612, comptong@cboe.com, or Analyst, Debbie Koopman, (312) 786-7136,
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